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RNDC's wine partner in Idaho ponies up to go it alone

Memo from Hayden Beverage Co. CEO details exit of 18-year joint-venture

Editor’s note: This is a developing story and will be updated periodically with new information. If you have tips about what’s going on at RNDC, please get in touch by emailing me ([email protected]) or texting me on Signal (dinfontay.11). Anonymity available.—Dave.

Republic National Distributing Company’s longtime wine wholesaling partner in Idaho has bought the disintegrating firm out of its stake in their long-running joint venture in the state, Fingers has learned.

“We took the opportunity to purchase RNDC’s equity in our wine business, and following an 18-year partnership that exceeded expectations, we’ve mutually agreed to move forward separately,” wrote Hayden Beverage Company chief executive Andy Mitchell in a memo to suppliers obtained by Fingers.

The move comes less than a month after RNDC announced it would sell its liquor brokerage in the Gem State to Martignetti Companies as part of a sweeping deal for 17 control markets. Now Hayden—Idaho’s largest wine distributorship—has ponied up to go it alone with the grape juice. According to Mitchell’s memo, the company closed on the deal May 8th.

Neither RNDC nor Hayden immediately responded to a request for comment.

Upgrade to read the memo Hayden Beverage Co. CEO Andy Mitchell sent to suppliers.

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